French stocks and bonds decline amid nationwide civil unrest

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Nationwide civil unrest and riots across France led to a decline in the CAC 40 index by 1.3% and a 0.5% drop in the euro to $1.1183. Investors responded to the instability by driving the yield spread between French 10-year bonds and German counterparts to 146 basis points, while the gap with Italian debt reached a record. President Emmanuel Macron…

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